Jinlei Technology Co.Ltd(300443) summary of 2021 Annual Report
Securities code: 300443 securities abbreviation: Jinlei Technology Co.Ltd(300443) Announcement No.: 2022-006 Jinlei Technology Co.Ltd(300443) summary of 2021 Annual Report
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
The audit opinion of Grant Thornton Certified Public Accountants (special general partnership) on the company's financial report this year is: standard unqualified opinion. Changes of accounting firm during the reporting period: the company's accounting firm has not changed this year. Tips on non-standard audit opinions □ applicable √ not applicable the company was not profitable at the time of listing and is not profitable at present □ applicable √ not applicable to the profit distribution plan of common stock or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable
The company's profit distribution plan for common shares reviewed and approved by the board of directors is: take 261753484.00 as the base, distribute cash dividend of 0.00 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 share (including tax), and transfer capital reserve to all shareholders for every 10 shares.
Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Jinlei Technology Co.Ltd(300443) stock code 300443
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Zhou Li, Zhang Chuanbo
Office address: No. 18, Shuangyuan street, Gangcheng District, Jinan City, Shandong Province
Fax: 0531-76494367
Tel: 0531-76494368 0531-76492889
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
Jinlei Technology Co.Ltd(300443) is a high-tech enterprise that develops, produces and sells wind turbine spindles and various large castings and forgings. Adhering to the business philosophy of "market-oriented, win-win, quality as the foundation and reputation for development", the company has created a rapid response mechanism integrating R & D, procurement, production, testing and sales, and established a strong technical guarantee system and perfect product testing system. Through strong technical strength, stable product quality and rapid delivery capacity High quality after-sales service and other customer perception factors have established a unique "Jinlei characteristic" product image and brand awareness in the industry.
Jinlei Technology Co.Ltd(300443) summary of 2021 Annual Report
While constantly consolidating old customers and developing new customers, the company has strengthened the research and development of new products and technologies, effectively improved the market of wind turbine spindles and other precision shafts, and achieved an operating revenue of 1.651 billion yuan in the reporting period; With the continuous maturity of the company's vertical industrial chain and the steady expansion of horizontal industries, the company achieved a net profit of 496 million yuan in the reporting period.
1. Extend the dimension of vertical industrial chain
Since the second half of 2020, the raw materials of forging products of phase I of 8000 castings and forgings project have been fully self supplied. The diversified development needs of the company have been met, the product quality has been guaranteed, and the economic benefits have been brought into full play. While improving the profitability, it has provided a broad space for new product research and development. At the same time, the self supply of raw materials effectively reduced the proportion of direct materials in the product cost. In addition, the effective utilization of the company's self-produced leftovers greatly reduced the proportion of the company's purchased raw materials in the cost. Under the background of the sharp rise in the price of raw materials in 2021, it hedged the risk of price rise of some raw materials.
During the reporting period, the production capacity release and small batch supply of orders of the phase II casting product pouring project of 8000 castings and forgings project prompted the company to form a whole process supply chain of casting spindle, creating a good opportunity for the production capacity of the "digital manufacturing project of offshore wind power core components" of Dongying subsidiary. 2. Expand the perspective of horizontal products and industries
The company's leading products are 1.5MW to 8mW wind turbine spindles. As one of the world's largest and most professional manufacturers of wind turbine spindles, the company has cooperated with Vestas, Siemens COMESA, Ge, Endean Xinneng, vision energy, Zhejiang Windey Co.Ltd(300772) , Shanghai Electric Group Company Limited(601727) , haizhuang wind power, Dongfang Electric Corporation Limited(600875) , Guodian united power CRRC Shandong and other global high-end wind turbine manufacturers have established good strategic cooperative relations.
During the reporting period, the company continued to improve the global leading position of wind power forging spindle and realized the whole process and small batch supply of casting spindle. The sales volume of wind power spindle business was 147000 tons, an increase of 17.74% over the same period last year, and the sales revenue was 1.508 billion yuan, an increase of 9.05%.
While consolidating the wind turbine spindle business, the company focuses on the development of free forging business. At present, it has covered cement mining, energy power generation, metallurgy, shipbuilding and other industries. During the reporting period, the company realized the delivery of finishing products of Ge hydropower shaft, which is also the first full process delivery of Ge hydropower shaft. The full process delivery has shortened the delivery time of customers, reduced project risks and optimized the customer supply chain. In the future, the company will continue to make active use of its own advantages to further develop in other fields.
During the reporting period, the sales volume of the company's free forging business was 9682.04 tons, an increase of 62.78% over the same period last year, laying a foundation for the phased and smooth production of the "offshore wind turbine spindle and other precision transmission shaft construction project". 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 3577289217.57 3114845303.03 14.85% 2231634296.01
Net assets attributable to shareholders of listed companies 3252805095.55 2911126725.06 11.74% 1934239236.76
2021-2020 year-on-year increase or decrease 2019
Operating income 1650839299.81 1476556394.27 11.80% 1124000775.49
Net profit attributable to shareholders of listed companies 496377835.35 522230745.07 - 4.95% 205198565.91
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 442346894.77 45644909.10 - 3.09% 202014950.96
Net cash flow from operating activities 293800047.64 165056963.35 78.00% 313496913.48
Basic earnings per share (yuan / share) 1.90 2.16 - 12.04% 0.86
Diluted earnings per share (yuan / share) 1.90 2.16 - 12.04% 0.86
Jinlei Technology Co.Ltd(300443) summary of 2021 Annual Report
Weighted average return on net assets 16.31% - 23.24% - 6.93% - 11.14%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 384845615.15 415175096.92 461591290.24 389227297.50
Net profit attributable to shareholders of listed companies 131394708.56 136472668.48 139999093.80 88511364.51
Deductions attributable to shareholders of listed companies are not subject to 124434829.85 125436413.26 121111742.47 71363909.19
Net profit of recurring profit and loss
Net cash flow from operating activities 94957326.67 31647138.51 164798296.04 2397286.42
Whether the above financial indicators or their total amount are significantly different from the financial indicators related to the quarterly report and semi annual report disclosed by the company □ yes √ No 4. Share capital and shareholders (1) number of ordinary shareholders and preferred shareholders with voting rights restored and shareholding of the top 10 shareholders
Unit: shares
The annual report and the closing statement of the report hold a special vote
At the end of the reporting period, shareholders of 0 shares whose voting rights were restored one day before the disclosure date of common shares
24119 total number of shareholders 0 of 26466 preferred shares of common stock at the end of the month
Total (if any)
